possible loophole??

MonkeyMad

Can't see that the fact that my local paper shop takes a cash card makes a difference really. They only didn't take cheques because it meant regular trips to the bank which they dislike as much as me. The debit card machine is in the shop for my convenience as much as the shopkeepers.

The simple truth is that if you don't use cash you use something else, or you go without. We more often than not choose to use something else. We then need to deal with that.

I can only suggest that if the days of wage packets with cash in and using cheques was as easy as suggested (although that is not my recollection) that we go back to using those methods where necessary.

jo_ray

Graham_Devon wrote: »

But your blaming the wrong person. The shops decide when to deduct payment, they decide when to send the run off, they decide when to press 'send'.

It's not your bank. The bank just acts on the instruction when they get it. The key is 'when'.

If your going to blame the banks for everything, at least educate yourself on how it works first.

Some of this 'why should I' language is very poor. If you feel that way, carry on being charged, but shutup moaning.

have you forgotten on who's authority they are allowed to pick and choose what is earmarked or not, when they can do better? surly this is giving them discretion as a luxury while providing us with unreliable,untrustworthy facilitys.

anyway , suppose we could debate all day, i am going to wait and see what happens.

Graham_Devon

jo_ray wrote: »

have you forgotten on who's authority they are allowed to pick and choose what is earmarked or not, when they can do better? surly this is giving them discretion as a luxury while providing us with unreliable,untrustworthy facilitys.

anyway , suppose we could debate all day, i am going to wait and see what happens.

Pardon? Do you not get what I have said at all?

A business is allowed to charge for an item up to 6 years after you have bought it (if it has not yet been charged for).

Now, this is the extreme, which very very rarely happens. I have had it happen to me a year later, which I thought was totally unfair, I provided payment details etc etc to viking, they shipped the order, didnt charge, their fault, not mine, but the point was, i had to pay it, legally.

Now, this means that not all shops take the money instantly from your account. This is NOT the banks fault. This is the shop. The banks cannot act on an instruction they do not have (i.e. give Tescos £30 because they are mind readers and know you have been there and spent £30). They can only do that when tescos send the instruction (with your go ahead, which is the checkout part).

This in itself could take a few days. That does not mean you have paid, so you can forget that £30. It has not been taken yet, which is why people are talking pen and pencil. If you have a balance of £1000. Deduct £30 from it. Your bank may still say £1000. But you KNOW you have spent £30 of it and so on.

jo_ray

as much as i can understand what you have said, i have also had the experience of going shopping by the time i got home ,half of my shopping was deducted from available funds ,half was not, so i know they can do better. also , if you have ever had your card declined , you then know they can find if you have sufficient funds or not instantly.

Graham_Devon

jo_ray wrote: »

as much as i can understand what you have said, i have also had the experience of going shopping by the time i got home ,half of my shopping was deducted from available funds ,half was not, so i know they can do better. also , if you have ever had your card declined , you then know they can find if you have sufficient funds or not instantly.

I don't even believe that.

Were not on same day instant banking yet. Unless you are talking about taking cash out of the hole in the wall - and then you paid with card for your shopping. Cash will show a lot quicker than using the card at the shop.

Shops would not take half one day half the next, every single transaction costs them money.

lindilou39

Graham_Devon wrote: »

I don't even believe that.

Were not on same day instant banking yet. Unless you are talking about taking cash out of the hole in the wall - and then you paid with card for your shopping. Cash will show a lot quicker than using the card at the shop.

Shops would not take half one day half the next, every single transaction costs them money.

can someone change my lightbulb please as the one in my head has gone out...I,ve never come across a situation where my bank has allowed a payment for half the shopping..its either declined or payed...maybe am missing something here.

Labman_2

lindilou39 wrote: »

can someone change my lightbulb please as the one in my head has gone out...I,ve never come across a situation where my bank has allowed a payment for half the shopping..its either declined or payed...maybe am missing something here.

Maybe Jo Ray shopped in more than one shop? Though if that was the case you'd have thought that it was important enough for it warrant a mention!

Graham_Devon

Labman wrote: »

Maybe Jo Ray shopped in more than one shop? Though if that was the case you'd have thought that it was important enough for it warrant a mention!

LOL never thought of that, but yes, so true! :rotfl:

Mark7799

jo_ray wrote: »

cash was the ability to pay instantly and in person,cheque was the ability to pay from afar,remembering most people were paid by wage packet then, they would actually have to go to the bank to put the money in.thus no charges. the multi function card is the ability to pay any way you choose.replacing both, they can deduct payment instantly so why don't they

Presumably by now, you have gained some understanding as to how the 'system' works. Are you now intending to change the way your family monitors its' finances? I'm not trying to defend the system, merely stating how it stands at present - we all have to work with it until it changes. The way you saidyou previously dealt with it didn't work, do you intend to change this?

jo_ray

yes by the way it was in differant shops i was talking about , no not whole in the wall , transactions were earmarked by the system in some shops , but not in others. why if they do have the ability to do this , do we have to wait?,